VBroady,
IMO, you're wrong. Let me count the ways ...
We've got mo behind us. Volume was higher today, people that had to dump have done so, shorts will be squeezed, CIEN is worth a lot MORE than $ 9,Inter-Op is around the corner and the company can focus on its technical strengths, maybe even announce a new customer in the MAN space, LU will start buying companies soon, increasing value of the remaining players.
I'm long, until we hit high teens. I expect daily gains to increase in the near term. There will be more turbulence in the markets this month, but NOTHING will drive this stock down to $5-6.
But hey, if you buy tomorrow at $10-11, you'll still make a relative quick buck.
Good luck to you ,
Peppe
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